Ideas and analysis on money, markets and the world around us.
There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market participants don’t realise it yet, but the dollar-based monetary system is…
Read the articleGold and silver prices were little changed on the week, with gold up $2.50 in morning trading, European time, at $1478. Over the same time period silver was up eight cents at $17.06. Comex volume was seasonally light…
Read the articleBrexit will be done by the end of next month, when trade negotiations with the EU will begin. Importantly, Britain’s negotiating position has strengthened immeasurably, and the new government is not afraid to use it.…
Read the articleGold and silver made net gains over this week, with gold rising $12 from last Friday’s close to trade at $1472 in early European trade this morning. Over the same timescale silver rose 43 cents to trade at $16.97.…
Read the articleEconomists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with increasing trade tariffs between the two largest economies to echo the conditions…
Read the articleWhile gold recovered some lost ground this week, silver went nowhere. From last Friday’s close, gold rose by $9 to trade at $1473 in early morning European trade today, while silver lost 15 cents at $16.88. Comex volume…
Read the articleThe world stands on the edge of a cyclical downturn, exacerbated by trade tariffs initiated by America. We know what will happen: the major central banks will attempt to inflate their way out of the consequences. And…
Read the articleGold and silver moved sideways this week in moderate turnover, affected by America’s Thanksgiving holiday on Thursday. In this morning’s trading in Europe, gold was down $6 from last Friday’s close at $1456.5, and…
Read the articleAmerica’s tariffs against China are already showing signs of undermining the global economy and will create a funding crisis for the Federal Government when it leads to foreigners no longer buying US Treasury debt and…
Read the articleAs the chart above shows, gold and silver prices consolidated for a second week. In mid-morning European trade, gold was up $3 from last Friday’s close to trade at $1471, and silver was up 21 cents at $17.20 over the…
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